Total 7 Posts
With the advent of mobile phones and increased Internet penetration, the borrowing of money has been shifting from traditional channels to electronic channels. This has come with its problems.
Over the years, most of what has been marketed as financial inclusion across Africa is anything but inclusive. These offerings are exploitative and predatory and over time they erode the little value that their target market already has from their income.
Financial inclusion is undoubtedly one of the trending topics when it comes to FinTech in Afrika. A day barely goes by without a startup or a big corporate talking about "how we are increasing financial inclusion." Few, however, seem to have a clear definition of what financial inclusion
MIT's Legatum Center for Development and Entrepreneurship has announced the 10 Afrikan startups that will be finalists of the 2018 edition of the Zambezi Prize. The Zambezi Prize for innovation in financial inclusion, is being hosted in collaboration with the Mastercard Foundation. At stake, for the finalists, will be a
Financial inclusion seems to be the latest buzzword when it comes to financial services and FinTech in Afrika. Just recently, the International Finacial Corporation (IFC), the United Nations and Ant Financial were in Ethiopia to discuss with the country's president the opportunities presented by digital financial inclusion. However, when one
Ethiopia's new leadership is interested in using digital technologies to improve financial inclusion in the East Afrikan country. This comes after the United Nation's ECA Executive Secretary, Vera Songwe, Ant Financial’s CEO, Eric Jing, and the International Finance Corporation’s (IFC) VP and Treasurer, Jingdong Hua, met with President